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Study Guide for Peregrine Exam Questions and Answers 100% Updated 2025/2026, Exams of Nursing

University of Iowa (UI)Nursing

Study Guide for Peregrine Exam Questions and Answers 100% Updated This study guide provides fully updated and verified questions and answers for the Peregrine Exam, covering core business subjects such as accounting, economics, finance, management, and marketing. Ideal for undergraduate and MBA-level students, the content aligns with current testing standards and ensures thorough preparation. The guide is designed to boost confidence and improve performance across all tested topics.

Typology: Exams

2024/2025

Available from 06/12/2025

Nurseexcel
Nurseexcel 🇺🇸

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Study Guide for Peregrine Exam Questions and Answers 100% Updated
1. Whenmthemcostsmofmsuppliesmincreaseminmanmindustry,mthemlowmcost
leader
:mismthemonlymfirmmablemtompaymthemhighermpricesmandmcontinuemtomearnmaver
agemormabovemaveragemreturns
2. AccountsmPayable:mcurrentmliabilitymaccountminmwhichmamcompanymrecordsmthemamoun
tsmitmowesmtomsuppliersmormvendorsmformgoodsmormservicesmthatmitmrecievedmonmcredit
3. accountsmreceivable:mcurrentmassetmaccountminmwhichmamcompanymrecordsmthemamou
ntsmitmhasmamrightmtomcollectmfrommcustomersmwhomreceivedmgoodsmormservicesmonmcredit
4. whatmismthemcostmofmgoodsmsold?:mthemtotalmcostmofmmerchandisemsoldmduringmamperiod
5. ownersmequity:monemofmthemthreemmainmsectionsmofmamsolemproprietorship'smbalancemsheet
6. cash:mincludesmthemfollowing:mcurrencymandmcoins,mchecksmreceivedmfrommcustomersmbutmn
otmyetmdeposited,mcheckingmaccounts,mandmpettymcash
7. cashmequivalents:mshort-
termmhighmliquidityminvestmentsmwithmammaturitymdatemthatmwasm3mmonthsmormlessmatmthemtime
mofmpurchase.mEx)mmoneymmarketmaccounts,mU.S.mTreasurymBills,mandmcommercialmpaper
8. whenmambusinessmerroneouslymrecordsmexpensesmasmassets,mitmhasmviolatedmthemmea
surementmofm :mclassification
9. lyingmbymomissionminvolvesmintentionally:mwithholdingmmaterialmfacts
10. ThemFederalmHighwaymAdministrationmusesmnotice-and-commentmrulemak-
ming.mthismprocessmbeginsmwith:mthempublicationmofmamnoticemofmproposedmrulemaking
11. onemwaymhumanmresourcemplanningmlinksmtomstrategicmplanningmismbymprovid-
mingmamsetmofminputsmintomthem :mstrategymformulationmprocess
12. whichmofmthemfollowingmismnotmonemofmW.mEdwardsmDeming'sm14mpoints?:mthemonlymperf
ormancemstandardmismzeromdefects
13. operatingmstatementmismanothermnamemformthem :mIncomemStatement
14. Purchases,mreturnsmandmallowances,mandmpurchasemdiscountsmaremclassifiedmasm
onmthemincomemstatement:mcontra-costmaccounts
15. lawmofmsupply:mstatesmthatmthemquantitymofmamgoodmsuppliedm(I.E.mthemamountmownersmo
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Study Guide for Peregrine Exam Questions and Answers 100% Updated

  1. Whenmthemcostsmofmsuppliesmincreaseminmanmindustry,mthemlowmcost leader :m ismthemonlymfirmmablemtompaymthemhighermpricesmandmcontinuemtomearnmaver agemormabovemaveragemreturns
  2. AccountsmPayable:m currentmliabilitymaccountminmwhichmamcompanymrecordsmthemamoun tsmitmowesmtomsuppliersmormvendorsmformgoodsmormservicesmthatmitmrecievedmonmcredit
  3. accountsmreceivable:m currentmassetmaccountminmwhichmamcompanymrecordsmthemamou ntsmitmhasmamrightmtomcollectmfrommcustomersmwhomreceivedmgoodsmormservicesmonmcredit
  4. whatmismthemcostmofmgoodsmsold?:m themtotalmcostmofmmerchandisemsoldmduringmamperiod
  5. ownersmequity:m onemofmthemthreemmainmsectionsmofmamsolemproprietorship'smbalancemsheet
  6. cash:m includesmthemfollowing:mcurrencymandmcoins,mchecksmreceivedmfrommcustomersmbutmn otmyetmdeposited,mcheckingmaccounts,mandmpettymcash
  7. cashmequivalents:m short- termmhighmliquidityminvestmentsmwithmammaturitymdatemthatmwasm 3 mmonthsmormlessmatmthemtime mofmpurchase.mEx)mmoneymmarketmaccounts,mU.S.mTreasurymBills,mandmcommercialmpaper
  8. whenmambusinessmerroneouslymrecordsmexpensesmasmassets,mitmhasmviolatedmthemmea surementmofm :m classification
  9. lyingmbymomissionminvolvesmintentionally:m withholdingmmaterialmfacts
  10. ThemFederalmHighwaymAdministrationmusesmnotice-and-commentmrulemak- ming.mthismprocessmbeginsmwith:m thempublicationmofmamnoticemofmproposedmrulemaking
  11. onemwaymhumanmresourcemplanningmlinksmtomstrategicmplanningmismbymprovid- mingmamsetmofminputsmintomthem :m strategymformulationmprocess
  12. whichmofmthemfollowingmismnotmonemofmW.mEdwardsmDeming'sm 14 mpoints?:m themonlymperf ormancemstandardmismzeromdefects
  13. operatingmstatementmismanothermnamemformthem :m IncomemStatement
  14. Purchases,mreturnsmandmallowances,mandmpurchasemdiscountsmaremclassifiedmasm onmthemincomemstatement:m contra-costmaccounts
  15. lawmofmsupply:m statesmthatmthemquantitymofmamgoodmsuppliedm(I.E.mthemamountmownersmo

2 m/m rmproducersmoffermformsale)mrisesmasmthemmarketmpricemrises,mandmfallsmasmthempricemfalls

  1. populationmsampling:m themprocessmofmtakingmamsubsetmofmsubjectsmthatmismrepre- msentativemofmthementirempopulation.mthemsamplemmustmhavemsufficientmsizemtomwarrantmstatis ticalmanalysis
  2. whatmismprinciplesmofmaccounting:m thembroadmunderlyingmconceptsmwhichmguidemaccoun tantsmwhenmpreparingmfinancialmstatements
  3. whatmismequity?:m itmindicatesmanmownershipminterestminmambusiness

4 m/m

  1. KipmopensmanmaccountmatmamLotsamGoodiesmStore,mandmbuysmamdigitalmmusicmplayerma ndmothermitems,mbutmmakesmnompaymentsmonmthemaccount.mtomcollectmthemdebt,mMako,mt hemmanagermcontactsmKip'smParents.mthismviolatesm :m Nomfederalmlaw
  2. strategicmplanning:m themprocessmofmsettingmmajormorganizationmobjectivesmandmdevelo pingmplansmtomachievemthem

5 m/m

  1. amleadingmforcemcurrentlymdrivingmchangematmworkmism :m globalmcompeti- mtion
  2. amquestioning,mprobingmattitudemismatmthemcoremofm :m criticalmthinking
  3. whichmofmthemfollowingmismNOTmampurposemofmammarketingmplan?:m itmexplainsmhowmma rketingmactivitiesmmeshmwithmothermfunctionalmareas
  4. inmthemcontextmofmmarketingmplanning,mwhymismitmvitalmthatmthemmarketingmplanmbemcap ablemofmsellingmitselfmtomtopmmanagement?:m becausemtopmmanagersmmustmdecidemwhetherm themmarketingmplanmismthembestmusemformthemorganizationsmscarcemresources
  5. sensitivitymanalysismconsiders:m changesminmvaluesmofmthempayoffs
  6. ampopulationmcharacteristic,msuchmasmampopulationmmean,mismcalled:m ampara-mmeter
  7. anmincreasemtom willmincreasemownersmeqity:m clientmfees
  8. themlastmstepminmpreparingmamworksheetmism :m totalmthemincomemandmbalancemsheetmitemsmtomcomputemnetmincomem(loss)
  9. missionmstatement:m definesmthemcompany'smbusiness,mitsmobjectivesmandmitsmappro achmtomreachmthosemobjectives
  10. visionmstatement:m describesmthemdesiredmfuturempositionmofmthemcompany
  11. corporatemstructure:m amboardmofmdirectors,mofficers,memployees,msharehold- mers/owners,manminternalmconfigurationmofmthemfunctionalmareasmofmambusiness
  12. corporatemgovernance:m Themrolemofmamcorporation'smexecutivemstaffmandmboardmofmdirecto rsminmensuringmthatmthemfirm'smactivitiesmmeetmthemgoalsmofmthemfirm'smstakeholders
  13. GDPmCalculation:m GDPm=mSpendingmbymconsumersm+minvestmentmbymbusinesses +mgovernmentmspendingm+m(exportsm-mImports)
  14. GDP:m themtotalmmarketmvaluemofmallmfinalmgoodsmandmservicesmproducedmannuallyminmanmec onomy
  15. inflation:m amsustainedmincreaseminmthemgeneralmlevelmofmpricesmformgoodsmandmservic esminmamcountry
  16. recession:m emsignificantmdeclineminmeconomicmactivitymthatmgoesmonmformmoremthanmamfew mmonths
  17. internationalmtrade:m themexchangemofmcapitalmgoods,mandmservicesmacrossminter- mnationalmbordersmormterritories
  18. microeconomicmtrends:m patternsmofmmovementsmormchangesminmeconomicmfactorsmsuchma

7 m/m

  1. lawmofmdemand:m saysmthatmthemquantitymofmamgoodmdemandedmfallsmasmthempricemrisesm andmvicemversa
  2. governmentmtacticsmthatmincludemremovingmincentivesm :m advancemtheirmownminterests,mthosemofmthemorganization,mormthosemofmsomemothermgroup s
  3. amsuitmformnegligencemmustmprovemfourmelements::m dutymofmcare,mbreachmofmduty,mproxim atemcause,mandmactualmharm
  4. financialmregulation:m Themrulesmthatmgovernmhowmfinancialmservicesmprovidersmoperat emandmdealmwithmtheirmcustomers.
  5. themFTC'smBureaumofmconsumermprotection:m protectsmconsumersmagainstmunfair,mdecepti ve,mormfraudulentmpractices
  6. 6 mbasicmrightsmofmconsumers:m rightmtomsafety,mrightmtombeminformed,mrightmtomchoose,mr ightmtombemheard,mrightmtomconsumermeducation,mrightmtomcourteousmservice
  7. corpratemculture:m themwaysmthemorganizationmconductsmitsmbusiness,mtreatsmitsmemplo yees,mcustomersmandmthemwidermcommunity;mthemextentmtomwhichmfreedommismallowedminm decisionmmaking,mdevelopingmnewmideasmandmpersonalmexpression;mhowmpowermandminfomfl oemthroughmitsmhierarchy;mhowmcommittedmemployeesmaremtowardsmcollectingmobjectives
  8. 5 mfunctionsmofmHRM:m recruitmentmandmselection;morientation;mmaintainingmgoodmworki ngmconditions;mmanagingmemployeemrelations;mtrainingmandmdevelopment
  9. typemImerror:m themrejectionmofmamtruemnullmhypothesism(aka.mam"falsempositive"mfinding)
  10. typemIImerror:m failingmtomrejectmamfalsemnullmhypothesism(aka.mam"falsemnegative"mfindin g)